AI and Limitless Asset Management

An earlier newsletter introduced the concept of limitless asset management. Let’s think about what Artificial Intelligence (AI) can do with this concept. This requires understanding how AI works. So, no better way to answer this question then to ask an authoritative source – ChatGPT. The following is ChatGPT’s answer to the question: “How does AI work?”.

“Artificial Intelligence (AI) is a broad term that refers to the development of computer systems capable of performing tasks that usually require human intelligence, such as visual perception, speech recognition, decision-making, and language translation.

The fundamental principle behind AI is to create computer algorithms that can learn from data and make predictions or decisions based on that learning. AI algorithms are designed to identify patterns and relationships in large data sets, and then use that information to make predications or recommendations.

There are several different types of AI, including rule-based systems, expert sy…